Updated

American defender Carlos Bocanegra has left Glasgow Rangers.

The 34-year-old, the former captain of the U.S. national team, spent the past season on loan to Racing Santander is Spain's second division after Rangers were demoted to the fourth tier of Scottish soccer because of financial problems.

Rangers said on the team's website Saturday that Bocanegra's contract was mutually terminated a day earlier and said the Californian is expected to return to the Major League Soccer. Toronto has the top slot in the allocation ranking and would have the first chance to add him to its roster if he agrees to an MLS contract, league spokesman Will Kuhns said.

Bocangra played for the Chicago Fire from 2000-04, then went on to Fulham (2004-08), Rennes (2008-10), Saint-Etienne (2010-11) and Rangers (2011-12).

Bocanegra has made 110 appearances for the U.S. and was the American captain at the 2010 World Cup. He has not played for the national team since November.